Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
As Trump pulls US out of WHO, health funds push for private money to fight outbreaks
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • World
  • As Trump pulls US out of WHO, health funds push for private money to fight outbreaks

As Trump pulls US out of WHO, health funds push for private money to fight outbreaks

reuters • January 22, 2025, 19:55:25 IST
Whatsapp Facebook Twitter

The Global Fund to Fight AIDS, Tuberculosis and Malaria said it will ask for almost 50% more money from private entities, including philanthropic organisations and companies, for a total of $2 billion, when it launches a new funding round later this year

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
As Trump pulls US out of WHO, health funds push for private money to fight outbreaks
Representational image. Reuters

One of the world’s biggest global health funders will ask the private sector for a steep increase in donations as concern of a shortfall in government contributions grows following a US decision to exit the World Health Organization.

The Global Fund to Fight AIDS, Tuberculosis and Malaria told Reuters it will ask for almost 50% more money from private entities, including philanthropic organisations and companies, for a total of $2 billion, when it launches a new funding round later this year.

STORY CONTINUES BELOW THIS AD

Executive Director Peter Sands said the plan, due to be announced at the World Economic Forum in Davos, Switzerland, was already in place before the US election in November. International aid groups are grappling with a tight fiscal climate globally, as well as increasing demand for their work, from coping with conflict to responding to climate change, he said.

More from World
Earthquake of magnitude 5.9 jolts Assam, tremors felt in Bhutan and north Bengal Earthquake of magnitude 5.9 jolts Assam, tremors felt in Bhutan and north Bengal 5 US F-35 jets land in Puerto Rico amid tensions with Venezuela 5 US F-35 jets land in Puerto Rico amid tensions with Venezuela

The fund is “raising the bar on what we want to achieve with private sector donors,” Sands said in an interview this week.

In its last funding round, the Global Fund raised $15.7 billion for its work over three years. That included $1.3 billion from the private sector, including philanthropic groups like the Gates Foundation and companies such as mining giant Anglo American and Japanese pharmaceutical company Takeda. The Fund will announce the total amount of money it is seeking for the next period of work, 2027-2029, later this year.

US retreat sends shockwaves

The US is historically the Fund’s biggest donor, pledging $6 billion to the last funding round. The country’s contributions during Trump’s first term as president from 2016-2020 were similar to previous administrations.

Trump was inaugurated for the second time on Monday, and swiftly moved to exit the WHO and freeze international aid, sending shockwaves around the global health community worldwide.

Impact Shorts

More Shorts
‘The cries of this widow will echo’: In first public remarks, Erika Kirk warns Charlie’s killers they’ve ‘unleashed a fire’

‘The cries of this widow will echo’: In first public remarks, Erika Kirk warns Charlie’s killers they’ve ‘unleashed a fire’

Trump urges Nato to back sanctions on Russia, calls for 50–100% tariffs on China

Trump urges Nato to back sanctions on Russia, calls for 50–100% tariffs on China

“It’s unfortunate that it has come to this point,” said Sands, saying the US had an extraordinary record in global health alongside the WHO’s role critical role in setting guidance and norms. “We need to keep the focus on the human impact, and particularly on the impact on the health of the poorest and most marginalised.”

STORY CONTINUES BELOW THIS AD

The Global Fund gives grants directly to organisations working in disease-hit regions to curb the spread of illness and improve health systems. The WHO focuses on global co-ordination to track and contain epidemics, responding to emergencies and promoting health and universal health care internationally.

A number of other global health organizations are also looking to raise money this year, including the vaccine group Gavi, which is seeking $9 billion to help support childhood immunization in the world’s poorest countries.

In board documents released in December, it too warned of the increasing risk of missing its targets due to government shortfalls, citing the slowing global economy, wars, competing aid priorities, and elections in many donor countries.

Gavi also plans to set up a private sector investors group this year and focus on diversifying its funding sources, the documents showed.

“Gavi never takes support from donors for granted,” she said, saying they were aware of the conflicting issues facing governments. The U.S. is also one of Gavi’s biggest donors, alongside the United Kingdom and the Gates Foundation.

STORY CONTINUES BELOW THIS AD

Gavi works with the WHO to support countries’ vaccination programmes.

Tags
United States of America
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

‘The cries of this widow will echo’: In first public remarks, Erika Kirk warns Charlie’s killers they’ve ‘unleashed a fire’

‘The cries of this widow will echo’: In first public remarks, Erika Kirk warns Charlie’s killers they’ve ‘unleashed a fire’

Erika Kirk delivered an emotional speech from her late husband's studio, addressing President Trump directly. She urged people to join a church and keep Charlie Kirk's mission alive, despite technical interruptions. Erika vowed to continue Charlie's campus tours and podcast, promising his mission will not end.

More Impact Shorts

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Trump-Zelenskyy meeting
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV